[Choice Times=Lee Dong-hoon, Chief Spokesperson, New Reform Party]

“Normalizing the abnormal—do you think real-estate speculation will fail?”

Looking at President Lee Jae-Myung’s recent remarks on real estate, one senses an excited self-confidence more than policy precision. It seems the sense of achievement from reaching a stock index level of 5,000 has not yet faded. There is concern that the president may be governing the country in a state of excessive dopamine.

The president says, “We fixed the valleys, we reached 5,000 in the stock market,” and now declares that stabilizing housing prices will “certainly succeed, no matter what it takes.” But what comes through in this language is not a calm policy explanation; it is the intoxication of early power—“I’ve done it all, I can do anything.”

It is precisely at this point that we feel an ominous sense of déjà vu. The previous president, too, pushed state affairs early in his term with the attitude of “Do you know who I am? I can do anything.” Everyone knows how that ended.

In President Lee Jae-myung’s current language on real estate, one can smell the same kind of arrogance.

There is also a lack of consistency in the president’s remarks. At a recent press conference, he suggested there was no adequate response to surging housing prices; now he asks, “Do you really think normalizing real estate is impossible?” and warns, “This is the last chance.”

An acknowledgment that there are no realistic measures and a declaration that anything can be done cannot coexist.

Housing prices are not something that can be beaten down by sheer will. They are part of a complex system in which interest rates, liquidity, supply, sentiment, and demographics are all intertwined. Yet the president addresses the market with phrases like “There is no market that can beat the government” and “If you confront it, you’ll lose.” This approach does not create stability; it only shrinks transactions and amplifies uncertainty.

Leading with willpower and threats is not governance—it is emotion. Policy is not made with “dopamine.” The excitement of achievement is understandable, but governing must be cool-headed.

I urge President Lee Jae-myung to calm down. Governing is not a competition of confidence; it is a process of accumulating trust and consistency. It is time to speak with data, not dopamine—with blueprints, not warnings.

#GovernanceOverHype #RealEstatePolicy #DopaminePolitics